Unlock the Waitlist Lock

Being wait-listed is tough, and you need the right set of keys to open the door to your dream program. The truth is that even with these keys, it's still not guaranteed that the lock will work. But this keychain has the critical pieces of metal you'll need to turn that lock.
First, a word of introduction: Realize that receiving a wait-list letter means you qualify for admission. You pass. You are probably on the wait-list (and not admitted) because they have already admitted applicants with your profile and want diversity in the class. Or they find your qualifications impressive, but find someone else's even more so.
Now let's examine that keychain.
Key 1: Read the letter for any hints of deficiency in your profile and attempt to improve that element in your profile.
Key 2: Give them more reasons to admit you. If the school encouraged contact, inform it of new achievements, initiatives, promotions, and developments in your life. This suggestion implies developing a proactive campaign for contact roughly every 2-3 weeks. The exact particulars will vary depending on your school, specialty, and exactly when you are put on the wait list, but it can include letters, additional visit(s) to the school, an offer to interview, letters of support from others, and occasional phone calls.
Letters should be 1-2 pages. For tips on the letters' content, please see "Wait-list Purgatory."
Key 3: Reinforce the idea of a fit between you and the school. Demonstrate how a visit confirmed and deepened your interest in the program. Show how recent activities reveal that your values and the school's are a match made in heaven.
Key 4: Enlist your fan club. Seek additional letters of recommendation from supervisors on and off the job and professors (if applying to an academic program). Current students and recent alumni who know you can also write letters of support and emphasize your fit with the program.
Key 5: Ask if there is anything you can do to improve your candidacy. There usually isn't, but if there is you want to know about it and do it. If you have already demonstrated improvement in that aspect of your profile, let them know how you have improved since you applied.
It is much harder to wave the flag when the school doesn't want contact. But even in these cases, you can be proactive, just more indirect. If feasible, visit the school and take a tour. If you know alumni or faculty members, ask them to put in a good word for you at the school. You can't be responsible if your fan club thinks you belong at School X and wants to inform the admissions committee. You will have to be a little more indirect, but you still want someone to show fit and that "new and improved" you. For must-have information on the wait-list process, read "Nine Mistakes You Don't Want to Make on an MBA Waitlist." 'Editors are available to help you evaluate your application, advise you on your wait-list strategy, and edit wait-list letters. For more information, please visit our catalog.

Teach Your Kids Will Learn By Starting A Business

Kids need to be kids and enjoy their time as children. But, at the same time, as they get older, they also need to learn to make money and function in our society as responsible adults.

Oftentimes, they get a job at a Burger Joint, where they learn how to listen to a boss, and how to work with others, but then they may also have to give up some extracurricular activities, study time and time with family. Not terrible things, but enough of a challenge that many families are helping their kids start their own businesses.

Why? Let’s compare the lessons your kid is learning working at a burger joint verses starting a business.

1. Responsibility.

Burger Joint: Yes, it teaches responsibility. You need to show up for work and do a good job or your boss and co-workers will get mad at you.

Entrepreneur: Teaches you responsibility as well. You need to work hard or you won’t get paid.

2. The Value of a Dollar

Burger Joint: You learn that time is money.

Entrepreneur: You learn that creativity, ownership of responsibility and hard work is money.

3. How to Market Yourself

Burger Joint: Teaches you how to fill out an application and go on an interview to market yourself. You do this once and then you’re done.

Entrepreneur: You have to market yourself and your business on an ongoing basis if you want to make any money.

4. Customer Service

Burger Joint: Service with a smile or your boss may reprimand you.

Entrepreneur: Service with a smile or you don’t get repeat business and your income drops.

5. Banking Skills

Burger Joint: You learn how to collect a paycheck and how to deposit it into the bank.

Entrepreneur: You learn how to budget for advertising costs, taxes, and expenses and weigh them against your profits. You learn to deposit your income into the bank and write checks to cover expenses. You learn how business works.

As you can see, both options have benefits. As for which option you’ll choose? That’s up to you and your child.

Template modified by KueLapis 2009

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